DALLAS and CAESAREA, Israel, May 25, 2010 (GLOBE NEWSWIRE) -- Zion Oil & Gas, Inc. (Nasdaq:ZN) announced today that it recently signed an agreement with Kibbutz Ma'anit, the leaseholder of the land containing Zion's planned next well, the Ma'anit-Joseph #3 well. Under the terms of the agreement, Kibbutz Ma'anit grants Zion access to Kibbutz land and permission to drill the Ma'anit-Joseph #3 well.
Zion Oil & Gas Signs Agreement For Field Seismic Acquisition And Agreement Enabling Drilling Of The Ma'anit-Joseph #3 Well
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